Lions Gate Acquires Film Distributor Redbus

Richard Verrier

Lions Gate Entertainment Corp., the Vancouver, Canada, and Santa Monica-based independent film production studio, said it acquired Britain's Redbus Film Distribution Ltd. for about $35 million in cash and stock.

The purchase enables Lions Gate to self-distribute its movies in England.

Lions Gate also acquired Redbus' library of more than 130 films, including such titles as "Bend It Like Beckham" and "Jeepers Creepers."